PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of 5 blockchains.
The Fantom and Avalanche blockchains offer EverRise an exciting opportunity to make their dApps more widely available. Fantom’s mainnet was launched in December 2019 and their TVL recently surpassed Binance Smart Chain. The Avalanchemainnet launched in September 2021 and currently supports over 400 projects with over 1.3 million users.
“The Fantom and Avalanche blockchains have a lot of potential for growth and bringing the EverRise ecosystem to these networks furthers our mission to bring security to all of DeFi.” – Suresh Maddineni, CEO and Founder EverRise
Users will also be able to swap FTM and AVAX cross-chain to ETH, BSC, and Polygon via EverRise’s Native Coin Swap (NCS) feature on EverSwap. The NCS allows cross-chain conversions between the native coins of the blockchains EverRise is available on at block speed. Utilizing the EverRise developed dApp EverSwap, and the technology behind EverBridge, users are able to quickly and securely swap between ETH, BNB, MATIC and now FTM and AVAX.
Project developers and users on Fantom and Avalanche will also now have access to all dApps currently available: EverOwn, EverBridge, EverMigrate, EverSwap, and EverStake.
The RISE token is available through EverSwap on any available blockchain or through SpookySwap on the Fantom Network and TraderJoe on the Avalanche Network. EverSwap is a dApp part of the EverRise Ecosystem that allows for transaction tax to be collected in native coin instead of tokens to alleviate sell pressure when tokens are
